Nasdaq reports 13% revenue growth and raises 2026 expense guidance

Nasdaq reported third-quarter 2026 net revenue of $1.481 billion, up 13% year over year, with GAAP diluted EPS of $0.96 and non-GAAP diluted EPS of $1.04. Annualized recurring revenue reached $3.365 billion, while Index revenue rose 39% to $286 million and Financial Technology revenue increased 16% to $529 million. Nasdaq updated its 2026 non-GAAP operating expense guidance to $2.550 billion-$2.580 billion, returned $496 million through dividends and share repurchases during the quarter, and declared a $0.31-per-share dividend payable December 18, 2026, to shareholders of record December 4.